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Intel shakes up management, appoints COO
Jan 20th, 2012
SAN FRANCISCO (Reuters) - Intel Corp unveiled a string of management changes on Friday, elevating 20-year company veteran and manufacturing expert Brian Krzanich to the post of chief operating officer and raising his stature as a possible future CEO. The reshuffle comes the day after the company, led by Chief Executive Officer Paul Otellini, reported fourth-quarter results that beat Wall Street's modest expectations. On Thursday, Intel also said it would sharply increase capital spending in 2012, quickening efforts to catch up in the tablet and smartphone markets. ... (Source: Reuters) -
CHICAGO (AP) - Comedy fans know the names - John Belushi, Bill Murray, Harold Ramis, Joan Rivers - but before those famous faces graced Hollywood movies or the "Saturday Night Live" stage they were discovered by Bernie Sahlins, co-founder of The Second City. (Source: Associated Press)... [Full Article]
LIMA (Reuters) - A 5.6 magnitude earthquake shook buildings in Peru's capital on Tuesday, Peru's geological survey and Reuters witnesses said. There were no immediate reports of injuries or damages from the quake centered in the Pacific Ocean about 73 kilometers (45 miles) west of the city. (Reporting By Terry Wade and Omar Mariluz) (Sour... [Full Article]
NEW YORK (Reuters) - U.S. stocks fell on Tuesday after Japan did not offer new measures to calm its bond market, disappointing U.S. investors who are also trying to gauge the future direction of central bank policy at home. The Dow Jones industrial average was down 79.13 points, or 0.52 percent, at 15,159.46. The Standard & Poor's 500 Inde... [Full Article]
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